Cyprus-Based Seabird Exploration Wins 2D Seismic Survey Contracts

SeaBird Exploration PLC (“SeaBird” or “SBX”) is pleased to inform the following new 2D contracts awarded.

The Aquila Explorer has been awarded two LOI’s for surveys of combined 4,600 line km in Indonesia for approximately two months work prior to her previously announced contract on 6th May. The vessel will now be working in direct continuation until mid September 2011.

The Hawk Explorer after completing her scheduled dry-dock in Las Palmas will mobilise to Mediterranean Sea where she will commence a 1,500 line km survey until mid July 2011.

The combined contract values for these contracts are approximately USD 5 million.

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Source:Seabird , June 17, 2011;

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